[vel0city]

So much stuff has several layers of taxes on it but "double taxation" is really only used when discussing inheritance taxes.

It's a term wealthy people made up to trick poor people into feeling sorry for ultra wealthy actually paying taxes on things.

[JumpCrisscross]

> "double taxation" is really only used when discussing inheritance taxes

It’s a common concept, e.g. in the double taxation of corporate earnings and dividends.

[chgs]

But not when you pay income tax and then buy something and pay sales tax.

[vel0city]

You're right, its pretty common for the wealthy to try and trick poor people into feeling sorry for the wealthy actually paying taxes on things.

As my other post pointed out, tons of things have multiple layers of taxes. But the things people suddenly have some big moral issue with "double taxation" are things like estate taxes and corporate earnings and dividends and capital gains.

Few people bat an eye at us double taxing the low income nicotine addict. Everyone seems to want me to shed tears for the billionaire having to pay "double taxation" on their third vacation mansion they're inheriting.

Argue the rates are too low or too high for a given transaction. I can get behind that. But just crying because there's two different taxes being applied to a given transaction? Really?

[JumpCrisscross]

> people suddenly have some big moral issue with "double taxation" are things like estate taxes and corporate earnings and dividends and capital gains

People get plenty mad about sales taxes double taxing taxed income, too. Nobody likes paying taxes.

This isn’t a localised term.

[vel0city]

> People get plenty mad about sales taxes double taxing taxed income, too.

Yeah, and it's a dumb position to take. Like what, we can only apply one tax from one source to a given dollar bill's serial number after it leaves the fed, and after that point that dollar can never be taxed again? Otherwise, gasp, double taxation!

The company shouldn't pay payroll taxes, they charged sales taxes to get that income to pay the salaries. I shouldn't pay any income taxes, the company paid payroll taxes on the money that had sales taxes on it. I shouldn't pay sales taxes, I paid income taxes on the money that had already had payroll taxes that had already had sales taxes that had...

Suddenly nobody pays any taxes anywhere because somewhere up the chain someone else already paid taxes on that dollar!